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Kroger Unveils New Produce Supplier Biodiversity Goal
Prnewswire· 2024-01-26 15:00
Change will protect more pollinators, create more sustainable produce supply chain CINCINNATI, Jan. 26, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced a new goal to advance sustainability in its fresh produce supply chain, further protecting pollinators and biodiversity. Kroger will require all of its fresh produce suppliers to use Integrated Pest Management practices for all products supplied to Kroger by 2028 or 2030, based on the grower's size. Medium- to large-sized growers will be expe ...
Here's Why Kroger (KR) is a Strong Momentum Stock
Zacks Investment Research· 2024-01-24 15:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...
Why Kroger (KR) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-01-23 15:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...
Kroger Innovates to Make Customers' Favorite Our Brands Products Even Better
Prnewswire· 2024-01-22 16:30
Retailer puts a fresh new spin on beloved deli and bakery items CINCINNATI, Jan. 22, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared it is reformulating beloved deli and bakery items making customer favorites even better, including products such as Home Chef fried chicken and Private Selection cinnamon rolls and crumb cake. "From flavor profile to freshness and packaging, we have studied some of our most beloved Our Brands deli and bakery products to make these customer favorites even more fres ...
Kroger's Board of Directors Declares Quarterly Dividend
Prnewswire· 2024-01-19 21:15
CINCINNATI, Jan. 19, 2024 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 29 cents per share to be paid on March 1, 2024, to shareholders of record as of the close of business on February 15, 2024. The company's quarterly dividend has grown at a 13.7% compounded annual growth rate since it was reinstated in 2006. The company continues to expect, subject to board approval, an increasing dividend over time. Kroger's capital allocation strategy is to use it ...
Kroger CIO Discusses Digital Innovation Trends for Grocery Retail in 2024
Prnewswire· 2024-01-19 14:00
Yael Cosset talks digital transformation at the National Retail Federation Big Show 2024 CINCINNATI, Jan. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared Chief Information Officer (CIO) and Senior Vice President (SVP) Yael Cosset joined Sucharita Kodali, Vice President at Forrester Research, this week at the National Retail Federation's (NRF) Big Show for a conversation on Kroger's digital journey and how that transformation impacts customers and associates. "We continue to invest in our dig ...
Kroger-Albertson Merger Delays Let Smaller Grocers Live Another Day
PYMNTS· 2024-01-16 21:43
With the looming merger between Kroger and Albertsons set to make it all the harder for smaller grocery chains to stand a fighting chance, delays due to ongoing pushback are giving those retailers more time to find their footing.The two grocery giants, along with divestiture buyer C&S Wholesale Grocers, announced Monday (Jan. 15) that the merger will close later than the initially anticipated timing of early this year, with the transaction instead expected to be finalized in the first half of Kroger’s fisca ...
Kroger, Albertsons and C&S Statement on Merger Timeline to Close
Prnewswire· 2024-01-15 18:48
CINCINNATI, Jan. 15, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), Albertsons Companies Inc. (NYSE: ACI), and C&S Wholesale Grocers, LLC today issued the following joint statement: "We remain in active and ongoing dialogue with the Federal Trade Commission and individual state Attorneys General regarding our proposed merger and divestiture plan. We believe our merger with Albertsons and the comprehensive divestiture to C&S will result in the best outcomes for customers, associates and our communities. In ...
Kroger (KR) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-01-13 00:34
Kroger (KR) closed at $46.03 in the latest trading session, marking a +0.39% move from the prior day. This change outpaced the S&P 500's 0.08% gain on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.02%.Heading into today, shares of the supermarket chain had gained 5.18% over the past month, outpacing the Retail-Wholesale sector's gain of 4.89% and the S&P 500's gain of 3.52% in that time.Market participants will be closely following the financial results of Kroger in its ...
Kroger Health Announces Continued Inclusion in Centene's Pharmacy Network
Prnewswire· 2024-01-12 20:00
CINCINNATI, Jan. 12, 2024 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR) and its Family of Pharmacies, announced today that it will continue to be part of Centene Corporation's (Centene) (NYSE: CNC) pharmacy network to provide patients with more opportunities to save on their important prescriptions. This will allow continued access for approximately 700,000 Centene members to Kroger Family of Pharmacies in 2024. "Collaborating with Centene to cultivate this arrangement ...